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Article: House to initiate moves to remove E-VAT on electricity
- Article from:
- The Manila Times
- Article date:
- May 19, 2008
- Author:
CopyrightCopyright Content Parnership Pty Ltd May 19, 2008. Provided by ProQuest LLC. (Hide copyright information)
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A lawmaker has filed a bill which seeks to exempt poor families from the expanded value added tax (E-VAT) on electricity.
House Bill 3440 filed by Rep. Exequiel Javier of Antique seeks to give a 50-percent discount to electricity users who consume 0 to 50 kilowatt hours per month, 35-percent discount for those consuming 51 to 70 kilowatt hours per month, and 20-percent discount for those consuming 71 to 100 kilowatt hours per month.
Speaker Prospero Nograles stressed that the House of Representatives will make moves to suspend the application
of the 12-percent E-VAT on the electric bills of residential consumers whose energy usage is below P5,000 a month.
He said that he will ask the ...